LIGHTPATH TECHNOLOGIES INC
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $28.4M | $17.3M | $13.7M | $11.8M | $11.8M | $11.3M | $10.0M |
| Cost of Revenue | $13.6M | $8.0M | $7.7M | $6.4M | $6.6M | $7.3M | $6.1M |
| Gross Profit | $14.7M | $9.3M | $6.0M | $5.4M | $5.2M | $4.0M | $3.9M |
| Gross Margin | 51.9% | 53.9% | 43.8% | 45.5% | 43.9% | 35.8% | 39.2% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $8.7M | $6.6M | $5.1M | $4.5M | $4.0M | $3.9M | $3.8M |
| Operating Income | $4.1M | $2.0M | $-258.7K | $-376.4K | $210.2K | $-924.3K | $-857.3K |
| Operating Margin | 14.6% | 11.6% | -1.9% | -3.2% | 1.8% | -8.2% | -8.6% |
| Interest Expense | $413.4K | $37.6K | $18.3K | $1.3K | $96.4K | $88.7K | $170.6K |
| Pretax Income | $3.4M | $1.6M | $-713.0K | — | — | — | — |
| Income Tax Expense | $-4.3M | $199.3K | $2.3K | — | — | — | — |
| Net Income | $7.7M | $1.4M | $-715.3K | $-313.2K | $215.3K | $-864.9K | $-1.6M |
| Net Margin | 27.2% | 8.2% | -5.2% | -2.6% | 1.8% | -7.7% | -16.0% |
| EPS (Basic) | $0.39 | $0.09 | $-0.05 | $-0.02 | $0.02 | $-0.09 | $-0.17 |
| EPS (Diluted) | $0.36 | $0.08 | $-0.05 | $-0.02 | $0.02 | $-0.09 | $-0.17 |
| Shares Outstanding (Basic) | 20.0M | 15.4M | 14.7M | 14.0M | 12.1M | 9.9M | 9.7M |
| Shares Outstanding (Diluted) | 21.7M | 16.9M | 14.7M | 14.0M | 13.0M | 9.9M | 9.7M |
| Dividends Per Share | — | — | — | — | — | — | — |